Art After Money, Money After Art by Max Haiven

Author:Max Haiven
Language: eng
Format: epub
Publisher: Book Network Int'l Limited trading as NBN International (NBNi)

Market for immaterial value

Writing about Market for Immaterial Value, a suite of participatory works by Valentina Karga and Pieterjan Grandry about the (disastrous) precarious conditions of artistic producers under financialization, Tessa Zettle explains that the collaborators had, in 2013, developed

a prototype financial instrument for capturing value generated by the artist but too often accrued elsewhere within (and outside) the art world. Valentina and Pieter Invest in Themselves is a specially minted gold coin whose value is determined by equities sold to an expanding group of public investors, who then collectively own the work. Envisaged as a kind of pension platform for the artists and their small-time investors, its central commodity is not subject to the speculative fluctuations of the art market but steadily rising in value as new investors join.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.